. >>> high speed rail is a key component of president obama's domestic policy. four years ago, he announced to great fanfare that his administration was using $8 billion in stimulus funds as seed money to get high speed rail projects off the ground. an additional billion dollars would then be spent annually. the president even mentioned high speed rail again in his state of the union address just last month, saying it should be part -- key part of repairing america's aging infrastructure. keeping them honest, billions in federal tax dollars have been spent so far with very little to show for it. "360" has been investigating some of these projects like the billion spent in california without one shovel being put into the ground. or the tens of millions spent on high speed rail in vermont, where very few people ride trains to begin with. tonight, our investigation focuses on a project in the pacific northwest that cost a lot. you can decide if that expenditure was worth it. here's drew griffin. >> so now, for one of his last speeches in this position, the secretar